Steve Ruffner, DVM
Capitol Ranch Real Estate, LLC
Prime 4.43-acre mixed-use development opportunity in the highly sought-after Arcadia Park submarket, slated for a 35 percent commercial retail and 65 percent residential project split. This institutional-scale site boasts irreplaceable three-sided frontage on one of Dallas's highest-traffic corridors, with 131,000 VPD on Loop 12 and 22,000 VPD on W. Davis St. Currently zoned CS (Commercial Service), this property qualifies for by-right multifamily and mixed-use development under Texas SB 840 (effective Sept. 1, 2025). This administrative pathway eliminates rezoning risk and dramatically reduces time-to-permit. Designed to accommodate the required 35 to 65 ratio, a conceptual site plan demonstrates potential for approx. 14,930 SF of ground-floor retail alongside 30 to 45 residential units across three buildings. The property features a Zone X flood designation (no floodplain development constraints) and has all major utilities available (extensions required). A Civil Site Feasibility Report and Conceptual Site Plan are available for due diligence. Ideal for mixed-use developers, institutional land banking, or 1031 exchange buyers seeking significant development optionality.
Directions: From Downtown Dallas, take I-30 West. Take the exit for TX-12 Walton Walker Blvd. Continue South on Loop 12. The property will be on your right, situated at the highly visible intersection of Loop 12 and W. Davis St.
Steve Ruffner, DVM
Capitol Ranch Real Estate, LLC
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Listed By: Darden Mcglothlin of Estate Realty, Inc.